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Investments

18

About Larry Fitzgerald

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IPL 2022: NFL, NBA stars invest in Rajasthan Royals

May 1, 2022

IPL 2022: NFL, NBA stars invest in Rajasthan Royals IPL 2022: NFL, NBA stars invest in Rajasthan Royals Phoenix Suns guard Chris Paul and NFL duo Larry Fitzgerald and Kelvin Beachum will be minority investors in 2008 champions Rajasthan, the franchise said in a statement without sharing details of their investment. Rajasthan owners acquired a majority stake in the Caribbean Premier League team Barbados Tridents last year. Reuters Updated May 01, 2022, 3:53 PM IST Phoenix Suns guard Chris Paul and NFL duo Larry Fitzgerald and Kelvin Beachum have invested in the Rajasthan Royals, the Indian Premier League franchise said on Sunday, underlining IPL's growing global appeal. The popular Twenty20 league, which counts Bollywood actors and industrialists among franchise owners and attracts the who's who of cricket, has grown into a 10-team affair this season with Gujarat and Ahmedabad paying a combined $1.7 billion to come on board. The three Americans will be minority investors in 2008 champions Rajasthan, the franchise said in a statement without sharing details of their investment. "We are extremely pleased to have Chris, Larry and Kelvin join us as investors who have seen the vision of the Royals as a truly global brand," said Rajasthan's lead owner Manoj Badale. The United States will co-host the 2024 Twenty20 World Cup, although cricket has not become popular there. "I am excited to have become one of the first US athletes to see the value and scope for growth in the IPL," said NBA star Paul, 36. "With a variety of components, including stadium experience and fan engagement still left to fulfil their course, I see myself contributing world-class experience through this strategic investment." The two-time Olympic gold medallist also has a stake in the minor league baseball team Winston-Salem Dash. Rajasthan owners acquired a majority stake in the Caribbean Premier League team Barbados Tridents last year. "I am keenly aware of the popularity of cricket internationally and am thrilled to join the Rajasthan Royals franchise as an investor," Arizona Cardinals' offensive tackle Beachum said. "I respect the global reach of the IPL and am committed to supporting the Royals."

Larry Fitzgerald Investments

18 Investments

Larry Fitzgerald has made 18 investments. Their latest investment was in Rajasthan Royals as part of their Angel on May 5, 2022.

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Larry Fitzgerald Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

5/1/2022

Angel

Rajasthan Royals

Yes

1

4/6/2022

Series A

Creative Juice

$15M

Yes

3

11/18/2021

Seed VC - II

SageSpot

$3M

Yes

7

9/8/2021

Series C

Subscribe to see more

$99M

Subscribe to see more

10

8/4/2021

Series A

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$99M

Subscribe to see more

10

Date

5/1/2022

4/6/2022

11/18/2021

9/8/2021

8/4/2021

Round

Angel

Series A

Seed VC - II

Series C

Series A

Company

Rajasthan Royals

Creative Juice

SageSpot

Subscribe to see more

Subscribe to see more

Amount

$15M

$3M

$99M

$99M

New?

Yes

Yes

Yes

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

1

3

7

10

10

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